Solve Industrial Motion Group acquires B&B Manufacturing
Solve Industrial Motion Group, a provider of engineered bearings and power transmission solutions, has acquired of B&B Manufacturing, U.S. manufacturer of power transmission and precision mechanical components.
B&B, in business for over 27 years, consists of five locations and is headquartered in La Porte, Indiana. B&B is North America's largest synchronous drive pulley manufacturer, specializing in synchronous drive solutions. B&B products include timing pulleys, synchronous belts, v-belt sheaves, taper bushings, idlers, and roller chain sprocket. B&B also brings with it two recent acquisitions, Diversified Specialties and JJC Associates.
"The B&B acquisition greatly expands Solve's domestic manufacturing capabilities and allows us to be a full spectrum provider of drive train solutions," said Ernie Lauber, CEO of Solve. "Our customers will greatly benefit from B&B's domestic manufacturing, which enables faster lead times and significant made-to-order capabilities. "
"I am very excited for the opportunity this brings to B&B," said Bob Hamilton, Founder of B&B Manufacturing. "Solve has built a great platform, and I am looking forward to seeing how we can accelerate growth together."
INDUSTRIAL SUPPLY MAGAZINE
The September/October issue of Industrial Supply magazine features an in-depth cover story about American Producers Supply. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
